IRS – San Jose Inside https://www.sanjoseinside.com A look inside San Jose politics and culture Wed, 17 Jan 2024 20:38:29 +0000 en-US hourly 1 https://wordpress.org/?v=5.6.12 On Eve of Tax Season, Two Heavyweights Trade Punches https://www.sanjoseinside.com/business/on-eve-of-tax-season-two-heavyweights-trade-punches/ https://www.sanjoseinside.com/business/on-eve-of-tax-season-two-heavyweights-trade-punches/#respond Wed, 17 Jan 2024 20:38:29 +0000 https://www.sanjoseinside.com/?p=201208258 Mountain View's Intuit asks the court to block H&R Block from using false or misleading statements about TurboTax products, and seels monetary damages.

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]]> https://www.sanjoseinside.com/business/on-eve-of-tax-season-two-heavyweights-trade-punches/feed/ 0 Feds Looking for San Jose Man for Failing to Report Income from Chinese Company https://www.sanjoseinside.com/news/feds-looking-for-san-jose-man-for-failing-to-report-income-from-chinese-company/ https://www.sanjoseinside.com/news/feds-looking-for-san-jose-man-for-failing-to-report-income-from-chinese-company/#comments Sat, 28 Oct 2023 03:45:12 +0000 https://www.sanjoseinside.com/?p=201207407 U.S. citizens and residents who have more than $10,000 in a bank account in a foreign country are required to file with the United States Treasury, Financial Crimes Enforcement Network.

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]]> https://www.sanjoseinside.com/news/feds-looking-for-san-jose-man-for-failing-to-report-income-from-chinese-company/feed/ 1 TurboTax Parent Company Argues Free Tax Filing Program Will Harm Black Taxpayers https://www.sanjoseinside.com/business/turbotax-parent-company-argues-free-tax-filing-program-will-harm-black-taxpayers/ https://www.sanjoseinside.com/business/turbotax-parent-company-argues-free-tax-filing-program-will-harm-black-taxpayers/#comments Tue, 26 Sep 2023 17:43:39 +0000 https://www.sanjoseinside.com/?p=201206663 Articles published around the country repeat assertions by Mouintain View-based Intuit that an IRS pilot program offering free tax filing would hurt Black Americans. A researcher whose work is cited by Intuit says the company is misstating her findings.

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]]> https://www.sanjoseinside.com/business/turbotax-parent-company-argues-free-tax-filing-program-will-harm-black-taxpayers/feed/ 1 Former Apple Employee, in Plea Deal, Gets Three Years in Prison for Conspiring with Vendors to Steal $17M https://www.sanjoseinside.com/news/former-apple-employee-in-plea-deal-gets-three-years-in-prison-for-conspiring-with-vendors-to-steal-17m/ https://www.sanjoseinside.com/news/former-apple-employee-in-plea-deal-gets-three-years-in-prison-for-conspiring-with-vendors-to-steal-17m/#respond Thu, 27 Apr 2023 18:39:44 +0000 https://www.sanjoseinside.com/?p=201204094 Dhirendra Prasad, 55, of Mountain Home, also was ordered to pay more than $19 million in restitution to his former employer and the IRS.

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]]> https://www.sanjoseinside.com/news/former-apple-employee-in-plea-deal-gets-three-years-in-prison-for-conspiring-with-vendors-to-steal-17m/feed/ 0 Milpitas Luxury Vehicle Dealer Pleads Guilty to Illegal Tax Scheme https://www.sanjoseinside.com/news/milpitas-luxury-vehicle-dealer-pleads-guilty-to-illegal-tax-scheme/ https://www.sanjoseinside.com/news/milpitas-luxury-vehicle-dealer-pleads-guilty-to-illegal-tax-scheme/#comments Fri, 31 Mar 2023 03:38:58 +0000 https://www.sanjoseinside.com/?p=201203596 Jie Suo, 56, of Milpitas, pleaded guilty to one count of obstructing or impeding the administration of Internal Revenue laws

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]]> https://www.sanjoseinside.com/news/milpitas-luxury-vehicle-dealer-pleads-guilty-to-illegal-tax-scheme/feed/ 1 How Silicon Valley Moguls Save Millions in Taxes by Skirting a Century-Old Law https://www.sanjoseinside.com/news/investigative-reports/how-silicon-valley-moguls-save-millions-in-taxes-by-skirting-a-century-old-law/ https://www.sanjoseinside.com/news/investigative-reports/how-silicon-valley-moguls-save-millions-in-taxes-by-skirting-a-century-old-law/#comments Tue, 14 Feb 2023 00:34:20 +0000 https://www.sanjoseinside.com/?p=201202565 Congress outlawed tax deductions on “wash sales” in 1921, but Goldman Sachs and others have helped billionaires like Silicon Valley's Mark Zuckerberg, Brian Acton and Dustin Moskovitz see huge tax savings by selling stocks for a loss and then replacing them with nearly identical investments.

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]]> https://www.sanjoseinside.com/news/investigative-reports/how-silicon-valley-moguls-save-millions-in-taxes-by-skirting-a-century-old-law/feed/ 3 Former Apple Employee Admits He Defrauded Apple of More than $17M https://www.sanjoseinside.com/news/former-apple-employee-admits-he-defrauded-apple-of-more-than-17m/ https://www.sanjoseinside.com/news/former-apple-employee-admits-he-defrauded-apple-of-more-than-17m/#comments Fri, 04 Nov 2022 23:25:37 +0000 https://www.sanjoseinside.com/?p=201200332 Defendant also admits multiple tax crimes and forfeits millions i
n assets.

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]]> https://www.sanjoseinside.com/news/former-apple-employee-admits-he-defrauded-apple-of-more-than-17m/feed/ 1 Former San Jose Resident Sentenced to Five Years In Prison for Online Fraud Scheme https://www.sanjoseinside.com/news/former-san-jose-resident-sentenced-to-five-years-in-prison-for-online-fraud-scheme/ https://www.sanjoseinside.com/news/former-san-jose-resident-sentenced-to-five-years-in-prison-for-online-fraud-scheme/#comments Thu, 05 May 2022 19:30:28 +0000 https://www.sanjoseinside.com/?p=201194452 San Jose police and the IRS discover that Amanda Riley faked cancer to defraud victims out of more than $105,000.

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]]> https://www.sanjoseinside.com/news/former-san-jose-resident-sentenced-to-five-years-in-prison-for-online-fraud-scheme/feed/ 1 IRS Tax Deadline is at Midnight, April 18! https://www.sanjoseinside.com/news/irs-tax-deadline-is-at-midnight-today/ https://www.sanjoseinside.com/news/irs-tax-deadline-is-at-midnight-today/#comments Mon, 18 Apr 2022 19:51:34 +0000 https://www.sanjoseinside.com/?p=201193825 Tax Day 2022 reveals a difficult California truth: Many are in financial straits.

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]]> https://www.sanjoseinside.com/news/irs-tax-deadline-is-at-midnight-today/feed/ 1 Former H-P Manager Pleads Guilty to $5.2M Credit Card Fraud https://www.sanjoseinside.com/news/former-h-p-manager-pleads-guilty-to-5-2m-credit-card-fraud/ https://www.sanjoseinside.com/news/former-h-p-manager-pleads-guilty-to-5-2m-credit-card-fraud/#comments Fri, 25 Mar 2022 20:23:34 +0000 https://www.sanjoseinside.com/?p=201193267 Shelbee Szeto admitted to buying luxury cars, handbags, jewelry over four years, using fraudulent H-P credit cards.

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